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Economic Survey of Latin America and the Caribbean 1998-1999

image of Economic Survey of Latin America and the Caribbean 1998-1999

This survey presents an overview of the regional economy and the economic performance in 1998 and the first half of 1999. It also offers individual country reports on the performance of the 20 countries of Latin America during 1998 and the first half of 1999. In addition, the Economic Survey of Latin America and the Caribbean analyzes the economic situation in the countries of the English-speaking Caribbean. This year's edition includes a CD-ROM that contains the statistical appendix.

English

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Haiti

Haiti’s gross domestic product (GDP) grew at 3.1% per year in 1998, which was above the initial forecast. Nonetheless, wide variations among sectors and ongoing domestic political problems continue to obstruct the execution of government and external cooperation programmes. (The Prime Minister resigned in May 1997, and his replacement was not appointed until January 1999). There were some improvements, however, as inflation was brought down to a single digit (8.2%) by the end of the fiscal year, the central government current account was kept under control, and the exchange rate was stabilized at an average of 16.9 gourdes per dollar.

English

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